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Lower than expected oil exports out of Saudi Arabia lent strength to the expiring August WTI contract

Par spragueoperati | juillet 23, 2018 | Commentaires fermés sur Lower than expected oil exports out of Saudi Arabia lent strength to the expiring August WTI contract

Recap: Oil prices were somewhat mixed on Friday, with spot WTI pulling away from the rest of the curve as the dollar weakened to a four day low and as U.S. […]

August NYMEX Natural Gas Futures Contracts Closed at $2.776 on Thursday, July 19th

Par spragueoperati | juillet 20, 2018 | Commentaires fermés sur August NYMEX Natural Gas Futures Contracts Closed at $2.776 on Thursday, July 19th

Thursday, July 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.713, a penny below Wednesday’s closing price of $2.721.  Tumbling to a near two-month intraday low of […]

Saudi Arabia’s exports are expected to fall by roughly 100,000 barrels per day

Par spragueoperati | juillet 20, 2018 | Commentaires fermés sur Saudi Arabia’s exports are expected to fall by roughly 100,000 barrels per day

Recap: Oil prices were mixed on Thursday, with Brent succumbing to fears of an over supplied market, while WTI held on to Wednesday’s bullish reaction to the EIA report. After a […]

August NYMEX Natural Gas Futures Contracts Closed at $2.721 on Wednesday, July 18th

Par spragueoperati | juillet 19, 2018 | Commentaires fermés sur August NYMEX Natural Gas Futures Contracts Closed at $2.721 on Wednesday, July 18th

Wednesday, July 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.752, a penny above Tuesday’s closing price of $2.740.  Stepping lower from the intraday high as markets […]

U.S. crude production reached 11 million barrels per day for the first time

Par spragueoperati | juillet 19, 2018 | Commentaires fermés sur U.S. crude production reached 11 million barrels per day for the first time

Recap: Oil prices rose on Wednesday, as the surprise 5.8 million barrel build in U.S. crude oil inventories was overshadowed by the unexpected 3.2 million barrel draw in gasoline stocks […]

Both Brent and WTI surpassed Monday’s lows but prices ended above the unchanged level

Par spragueoperati | juillet 18, 2018 | Commentaires fermés sur Both Brent and WTI surpassed Monday’s lows but prices ended above the unchanged level

Recap: In comparison to Monday’s activity, it was a lackluster trading session for crude oil futures, as traders turned their attention to the API and EIA reports. Prices began the […]

August NYMEX Natural Gas Futures Contracts Closed at $2.740 on Tuesday, July 17th

Par spragueoperati | juillet 18, 2018 | Commentaires fermés sur August NYMEX Natural Gas Futures Contracts Closed at $2.740 on Tuesday, July 17th

Tuesday, July 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.777, nearly two cents above Monday’s closing price of $2.759.  Tallying the intraday high as markets opened, […]

August NYMEX Natural Gas Futures Contracts Closed at $2.759 on Monday, July 16th

Par spragueoperati | juillet 17, 2018 | Commentaires fermés sur August NYMEX Natural Gas Futures Contracts Closed at $2.759 on Monday, July 16th

Monday, July 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.740, a penny below Friday’s closing price of $2.752.  Trending upward from the intraday low of $2.735, […]

Expectations of increased output from within and outside OPEC caused prices to collapse

Par spragueoperati | juillet 17, 2018 | Commentaires fermés sur Expectations of increased output from within and outside OPEC caused prices to collapse

Recap: Brent fell to its lowest level since April 20th, while WTI slipped to a 3-week low, slipping below the 10-day moving average for the first time in as many […]

New England Energy Market – Summer Update

Par spragueoperati | juillet 17, 2018 | Commentaires fermés sur New England Energy Market – Summer Update

What a difference six months makes.  In early January, we were braving the 2017-18 North American Cold Snap brought on by a “Bomb Cyclone” that delivered arctic temperatures not seen […]